XBRL-US releases updated taxonomies for public review.

• Position: Technology - US GAAP - Commercial and Industrial Taxonomy - Generally Accepted Accounting Principles - Brief Article

XBRL-US has released an updated GAAP Commercial and Industrial (US-GAAP-CI) taxonomy as well as a new GAAP Banking and Savings Institution (US-GAAP-BASI) taxonomy for public review. XBRL taxonomies are a description and classification system for the contents of financial statements and other business reporting documents to facilitate the exchange of financial information across all software formats. Interested parties are invited and strongly encouraged to perform a thorough review of...